MBKMBK Co.,Ltd.3121東証スタンダードサービス業FY ending Oct 2025, consolidated, J-GAAP

MBK revenue and profit

Out of every ¥100 of sales, about ¥8 is left as operating profit. Revenue changed -23.9% from the prior year, operating profit -12.6%.

Five-year trend

Revenue¥3.38B
FY ending Mar 2023: ¥4.35B¥4.35BFY ending Oct 2023: ¥1.54B¥1.54BFY ending Oct 2024: ¥4.45B¥4.45BFY ending Oct 2025: ¥3.38B¥3.38BFY23FY23FY24FY25
Operating income¥285.2M
FY ending Mar 2023: ¥355.9M¥355.9MFY ending Oct 2023: -¥13.2M-¥13.2MFY ending Oct 2024: ¥326.4M¥326.4MFY ending Oct 2025: ¥285.2M¥285.2MFY23FY23FY24FY25
Operating margin8.4%
FY ending Mar 2023: 8.2%8.2%FY ending Oct 2023: -0.9%-0.9%FY ending Oct 2024: 7.3%7.3%FY ending Oct 2025: 8.4%8.4%FY23FY23FY24FY25

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin—
2023: 6.4%6.4%2024: 4.1%4.1%23232425
Asset turnover—
2023: 0.11×0.11×2024: 0.29×0.29×23232425
ROA-0.5%
2023: -0.6%-0.6%2023: 0.7%0.7%2024: 1.2%1.2%2025: -0.5%-0.5%23232425
Financial leverage—
2023: 3.47×3.47×2024: 3.70×3.70×23232425
ROE—
2023: 2.4%2.4%2024: 4.4%4.4%23232425
PeriodNet marginAsset turnoverROAFinancial leverageROE
2023——×-0.6%—×—
20236.4%0.11×0.7%3.47×2.4%
20244.1%0.29×1.2%3.70×4.4%
2025——×-0.5%—×—

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue375.6%
2023: 178.4%178.4%2023: 767.1%767.1%2024: 300.1%300.1%2025: 375.6%375.6%23232425
PPE ÷ total assets82.3%
2023: 76.2%76.2%2023: 84.5%84.5%2024: 81.5%81.5%2025: 82.3%82.3%23232425

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

Receivable days0d
2023: 7d7d2023: 1d1d2024: 1d1d2025: 0d0d23232425
Payable days0d
2023: 3d3d2023: 3d3d2024: 0d0d2025: 0d0d23232425

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2023FY ending Oct 2023FY ending Oct 2024FY ending Oct 2025
Revenue4,3521,5384,4473,383
Cost of revenue3,3531,0643,3752,594
Gross profit9994741,072790
SG&A644488746504
Operating income356-13326285
Pretax income-38105187-82
Income tax29654
Net income attributable to owners-6699182-86
Operating margin8.2%-0.9%7.3%8.4%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 9%
0%
Property, plant and equipment 82%
0%
1%
8%

Funding

0%
Other liabilities 70%
Equity 30%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2023FY ending Oct 2023FY ending Oct 2024FY ending Oct 2025
Cash and equivalents¥1.13B¥871.7M¥1.17B¥1.45B
Total assets¥10.2B¥14B¥16.4B¥15.4B
Net assets¥3.93B¥4.03B¥4.18B¥4.65B
Share capital¥3.19B¥3.19B¥3.19B¥3.57B
Trade receivables¥87.6M¥4.1M¥8.7M¥4M
Property, plant and equipment¥7.76B¥11.8B¥13.3B¥12.7B
Intangible assets excluding goodwill¥191.6M¥178.7M¥2.9M¥2.5M
Investment securities¥91.4M¥33.7M¥69.2M¥63.6M
Current assets¥1.91B¥1.52B¥2.38B¥2.26B
Current liabilities¥549.4M¥518.3M¥669.2M¥550.4M
Trade payables¥30M¥9.5M¥63K¥3K
Long-term borrowings¥5.65B¥9.31B¥11.4B¥10.1B
Total liabilities¥6.25B¥9.94B¥12.2B¥10.8B
Equity attributable to owners of parent¥3.93B¥4.03B¥4.18B¥4.65B
Retained earnings-¥5.7M¥92.9M¥241.1M¥96.7M
Treasury stock-¥65.1M-¥65.2M-¥65.2M-¥212M

Sources

Show source documents (3)
  • EDINET (FSA Japan)

    訂正有価証券報告書-第102期(2024/11/01-2025/10/31)

    ID S100YF2P2026-06-19Open
  • EDINET (FSA Japan)

    有価証券報告書-第101期(2023/11/01-2024/10/31)

    ID S100V5TT2025-01-31Open
  • EDINET (FSA Japan)

    有価証券報告書-第100期(2023/04/01-2023/10/31)

    ID S100SP4V2024-01-31Open

Extracted from XBRL: 47 / Derived from other figures: 1

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